Outlook for the Meetings of EU Leaders on 24-25 June 2021
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Crisis in the Eurozone Pdf Free Download
CRISIS IN THE EUROZONE PDF, EPUB, EBOOK Costas Lapavitsas | 268 pages | 09 Nov 2012 | Verso Books | 9781844679690 | English | London, United Kingdom Crisis in the Eurozone PDF Book For example, a crisis in one country could force eurozone banks to sell that nation's debt, leaving domestic banks unable to cope. The European Central Bank is being a watchdog here and Banks in Bulgaria have been given time to create additional capital buffers till April Retrieved 11 July Retrieved 11 February Archived from the original on 4 December Comparative Political Studies. As of January , a group of 10 central and eastern European banks had already asked for a bailout. Federal Union. The major disagreements and clashes started Consequently, Greece was "punished" by the markets which increased borrowing rates, making it impossible for the country to finance its debt since early The Lisbon Council. The Balance uses cookies to provide you with a great user experience. Archived from the original PDF on 9 February In mid, due to successful fiscal consolidation and implementation of structural reforms in the countries being most at risk and various policy measures taken by EU leaders and the ECB see below , financial stability in the eurozone has improved significantly and interest rates have steadily fallen. In the idea was picked up by the European Central Bank. The 7-point plan followed an intergovernmental treaty approved on December 9, , where EU leaders agreed to create a fiscal unity parallel to the monetary union that already exists. Advanced Manufacturing Clusters in various nations will greatly help, but understanding of global-age expansion of value offerings with fine production is a new art and commercialization to nations a new science. -
Departure from the Schengen Agreement Macroeconomic Impacts on Germany and the Countries of the European Union
GED Study Departure from the Schengen Agreement Macroeconomic impacts on Germany and the countries of the European Union GED Study Departure from the Schengen Agreement Macroeconomic impacts on Germany and the countries of the European Union Authors Dr. Michael Böhmer, Jan Limbers, Ante Pivac, Heidrun Weinelt Table of contents 1 Background Information 6 2 Methodological approach 7 3 Results 9 4 Further costs of departure from the Schengen Agreement 13 Further economic impact 13 Political impact 14 Social significance 14 5 Conclusion 15 Literature 16 Imprint 18 5 1 Background Information The Schengen Agreement entered into force in 1995 and of checks at EU internal borders, on Germany and other EU today it is comprised of 26 states. This includes all European countries, as well as for the European Union as a whole. The Union members with the exception of the United Kingdom, evaluation period extends to the year 2025. Ireland, Romania, Bulgaria, Cyprus and Croatia, as well as the non-EU countries of Norway, Iceland, Liechtenstein and Switzerland. The agreement provides for the abolition of the requirement to check persons at internal borders within the Schengen area. The Convention Implementing the Schengen Agreement also regulates the standardisation of entry and residency requirements, as well as, the issuing of visas for the entire Schengen area. At the time, police and judicial cooperation measures were also agreed upon, in addition to asylum provisions. In the wake of sharply rising refugee movements into Europe, a partial restoration of border controls has been implemented. European Union countries have seen a significant increase in asylum seekers. -
The Dublin Regulation
1 The Dublin Regulation → Analysis of the Dublin System, perceived to cause a disproportionate burden to the expense of the external border countries of the EU and the reason for its continuous implementation despite persisting criticism Author: Laura Helena R. Suy Thesis Supervisor: Bjørn Møller Global Refugee Studies Aalborg Universitet København (AAU-Cph) 10th Semester, Master Thesis Spring 2014 2 List of Contents Acknowledgments ...................................................................................................................................... 3 Abbreviation List ....................................................................................................................................... 4 Abstract ...................................................................................................................................................... 5 Introduction ............................................................................................................................................... 6 Methodology & Limitations .................................................................................................................... 8 Chapter 1: History & Content of the Dublin System .............................................................................. 9 1.1. The Dublin System: Content ............................................................................................................. 9 1.1.1. The Dublin Convention (1990/1997) ..................................................................................... -
The European Union and the United Kingdom
ISSUE 2016/ 01 policy brief JANUARY 2016 bruegel ONE MARKET, TWO MONIES: THE EUROPEAN UNION AND THE UNITED KINGDOM by André Sapir THE ISSUE Access to the single market is one of the core benefits of the United Senior Fellow at Bruegel Kingdom’s membership of the European Union. A vote to leave the EU would [email protected] trigger difficult negotiations on continued access to that market. However, the and Guntram B. Wolff single market is not static. One of the drivers of change is the necessary Director of Bruegel [email protected] reforms to strengthen the euro. Such reforms would not only affect the euro’s fiscal and political governance. They would also have an impact on the single market, in particular in the areas of banking, capital markets and labour mar - kets. This is bound to affect the UK, whether it remains in the EU or not. POLICY CHALLENGE A defining characteristic of the banking, capital and labour markets is a high degree of public intervention. These markets are all regulated, and have implicit or explicit fiscal arrangements associated with them. Deepening integration in these markets will likely therefore require governance inte - gration, which might involve only the subset of EU countries that use the euro. Since these countries constitute the EU majority, safeguards are Participation of euro and non-euro EU countries in inter - needed to protect the governmental arrangements to strengthen EMU legitimate single mar - ket interests of the UK European Union and other euro-outs. Fiscal Compact, 2012 But the legitimate SE interest of the euro- Euro-area 19 Euro-plus area majority in deeper AT, BE, CY, DE, EE, ES UK Pact, 2011 HU market integration to IE, FI, FR, GR, IT, LT, LU, LV BG, DK, PL, RO MT, NL, PT, SI, SK bolster the euro should also be protected Banking Union (SRM), 2014 against vetoes from CZ, HR the euro-out minority. -
Chapter 1 the Present and Future of the European Union, Between the Urgent Need for Democracy and Differentiated Integration
Chapter 1 The present and future of the European Union, between the urgent need for democracy and differentiated integration Mario Telò Introduction The European Union has experienced an unprecedented multi-dimensional and prolonged crisis, a crisis which cannot be understood in isolation from the international context, with major global economic changes to the detriment of the West. Opinions differ as to the overall outcome of the European policies adopted in recent years to tackle the crisis: these policies saved the single currency and allowed for moderate growth, but, combined with many other factors, they exacerbated the crisis of legitimacy. This explains the wave of anti-European sentiment in several Member States and the real danger that the European project will collapse completely. This chapter analyses the contradictory trends at play and examines more closely how to find a way out of this crisis – a way which must be built around the crucial role of the trade union movement, both in tackling Euroscepticism and in relaunching the EU. This drive to strengthen and enhance democracy in the euro area, and to create a stronger European pillar of social rights, will not be successful without new political momentum for the EU led by the most pro-European countries. The argument put forward in this chapter is that this new European project will once again only be possible using a method of differentiated integration. This paper starts with two sections juxtaposing two contradictory sets of data. On the one hand, we see the social and institutional achievements of the past 60 years: despite everything, the EU is the only tool available to the trade union movement which provides any hope of taming and mitigating globalisation (Section 1). -
Is Europe's Capital Markets Union Now in Sight?
Conference Report| November 2020 IS EUROPE’S CAPITAL MARKETS UNION NOW IN SIGHT? Apostolos Thomadakis, Karel Lannoo and Cosmina Amariei The Covid-19 pandemic has served as a brutal reminder of the urgency to strengthen societal resilience as a whole. The extent of the socio-economic fallout has yet to be fully understood, however. But the Capital Markets Union (CMU) project has now taken on new relevance. Mobilising private funding for recovery coupled with sustainable and digital finance strategies is sorely needed. To this end, the ECMI annual conference brought together policymakers, supervisors, academics and industry representatives to exchange views on the continuation of the CMU, namely how to deliver the best outcomes for companies, investors and citizens in the coming years. It also featured a special debate on the evolving role of credit rating agencies. Disclaimer. This report includes the main conclusions from the 10th ECMI Annual Conference that was held virtually on 5 and 6 November 2020. Its content should be attributed solely to the rapporteurs. A detailed overview of the proceedings is available here. European Capital Markets Institute, Place du Congrès 1, 1000 Brussels, Belgium www.ecmi.eu, [email protected] © Copyright 2020, ECMI All rights reserved. 2 | ANNUAL CONFERENCE Mobilising funding for sustainable recovery In Europe, capital markets are at differing stages of development, and are far from integrated. A fresh agenda for the financial sector that is both anchored in the needs of the real economy and shows regulatory quality is required now, for instance in the form of an ambitious second phase of the CMU project. -
The European Union: Questions and Answers
The European Union: Questions and Answers Updated October 27, 2020 Congressional Research Service https://crsreports.congress.gov RS21372 SUMMARY RS21372 The European Union: Questions and Answers October 27, 2020 The European Union (EU) is a political and economic partnership that represents a unique form of cooperation among sovereign countries. The EU is the latest stage in a process of integration Kristin Archick begun after World War II, initially by six Western European countries, to foster interdependence Specialist in European and make another war in Europe unthinkable. The EU currently consists of 27 member states, Affairs including most of the countries of Central and Eastern Europe, and has helped to promote peace, stability, and economic prosperity throughout the European continent. How the EU Works The EU has been built through a series of binding treaties. Over the years, EU member states have sought to harmonize laws and adopt common policies on an increasing number of economic, social, and political issues. EU member states share a customs union; a single market in which capital, goods, services, and people move freely; a common trade policy; and a common agricultural policy. Nineteen EU member states use a common currency (the euro), and 22 member states participate in the Schengen area of free movement in which internal border controls have been eliminated. In addition, the EU has been developing a Common Foreign and Security Policy (CFSP), which includes a Common Security and Defense Policy (CSDP), and pursuing cooperation in the area of Justice and Home Affairs (JHA) to forge common internal security measures. Member states work together through several EU institutions to set policy and to promote their collective interests. -
Britain, Ireland and Schengen: Time for a Smarter Bargain on Visas Michael Emerson No
Britain, Ireland and Schengen: Time for a smarter bargain on visas Michael Emerson No. 249, August 2011 Given Britain’s desire to maintain its own border controls, it will not join the EU’s passport-free ‘Schengen’ area in the foreseeable future. Ireland also has to stay out because it shares a common travel area with the UK. But there is now mounting evidence that this situation hurts tourism and businesses in Britain and Ireland. Non- European travellers can move freely between Schengen countries with a single visa, and many skip the further hassle of getting visas to visit Britain or Ireland. Already the Schengen area has an agreement to facilitate Chinese group tourism, which is growing fast, and from which the UK and Ireland are excluded. This problem could be overcome if Britain, Ireland and the Schengen countries would agree on ‘mutual recognition’ of the visas they issue, without the UK or Ireland having to scrap their border controls. or the present UK government, full A case of simple economics for Britain accession to the Schengen area, a passport- and Ireland free travel area covering most of Europe, is F For many people, the cost and hassle of obtaining a red line that it will not cross. Ireland shares a common travel area and land border with the UK visas for business purposes or to go on holiday and is also bound by this decision. However, it is act as a deterrent. One of the achievements of the becoming increasingly clear that the UK, along EU internal market, with free movement of with Ireland, is suffering serious economic and goods, services, capital and people, is that visitors reputational costs as a result of its separate visa from the rest of the world view the Union as a and border management policies. -
Towards a New Pact for Europe
TOWARDS A NEW PACT FOR EUROPE The New Pact for Europe project is supported by a large transnational consortium including the King Baudouin Foundation, Bertelsmann Stiftung, Allianz Kulturstiftung, BMW Foundation, Calouste Gulbenkian Foundation, European Cultural Foundation, European Policy Centre, “la Caixa” Foundation, Network of European Foundations, Open Estonia Foundation, Open Society Initiative for Europe, Stiftung Mercator and Svenska Kultur Fonden Promoting the European Debate [email protected] www.newpactforeurope.eu TOWARDS A NEW PACT FOR EUROPE SECOND REPORT October 2014 NEW PACT FOR EUROPE: SECOND REPORT TOWARDS A NEW PACT FOR EUROPE A publication of the King Baudouin Foundation, the Bertelsmann Stiftung and the European Policy Centre (EPC) RAPPORTEUR Janis A. Emmanouilidis, European Policy Centre (EPC) EDITING Jacki Davis, Meade Davis Communication COORDINATION Gerrit Rauws, Director KING BAUDOUIN FOUNDATION Stefan Schäfers, European Programme Advisor Anneke Denecker, Assistant COORDINATION Joachim Fritz-Vannahme, Director BERTELSMANN STIFTUNG Andrej Stuchlik, Project Manager GRAPHIC DESIGN Margarida Oliveira, Forma Design ILLUSTRATION Inês do Carmo This publication can be downloaded free of charge from www.kbs-frb.be, www.epc.eu and www.newpactforeurope.eu This publication is available free of charge: order online from www.kbs-frb.be, by e-mail sent to [email protected] or by calling or faxing the King Baudouin Foundation’s Contact Centre T +32 70 233 728, F +32 70 233 727 Legal deposit: D/2893/2014/35 ORDER NUMBER: -
Reports to Conference Spring 2015 Contents
REPORTS TO CONFERENCE SPRING 2015 CONTENTS Contents Page Federal Conference Committee……….……………………….……………..4 Federal Policy Committee......................…………...……………………......9 Federal Executive.............………………... ………………………………...17 Federal Finance and Administration Committee………….….…..............25 Parliamentary Party (Commons)……………………………. ……………...29 …………. Parliamentary Party (Lords)………………………..………………………...35 Parliamentary Party (Europe)………………………….……………………..41 Campaign for Gender Balance……………………………………………...45 Diversity Engagement Group……………………………………………..…50 3 Federal Conference Committee Glasgow 2015 Last autumn we went back to Glasgow for the second year running. As in 2013 we received a superb welcome from the city. We continue to ask all attendees to complete an online feedback questionnaire. A good percentage complete this but I would urge all members to take the time to participate. It is incredibly useful to the conference office and FCC and does influence whether we visit a venue again and if we do, what changes we need to try and make. FCC Changes Following the committee elections at the end of last year there were a number of changes to the membership of FCC. Qassim Afzal, Louise Bloom, Sal Brinton, Prateek Buch, Veronica German, Evan Harris and David Rendel either did not restand or were not re-elected. All played a valuable role on FCC and will be missed. We welcome Jon Ball, Zoe O’Connell and Mary Reid onto the committee as directly elected members. FPC have elected two new representatives onto FCC and we welcome back Linda Jack and Jeremy Hargreaves in these roles. Both have previously served on FCC so are familiar with the way we work. One of the FE reps is also new with Kaavya Kaushik joining James Gurling as an FE rep on FCC. -
EU Financial Services Regulation
EU Financial Services regulation A new agenda demands a new approach October 2019 kpmg.com/regulatorychallenges 2 EU Financial Services regulation © 2019 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. EU Financial Services regulation 3 Contents 01 Introduction 4 02 Changing faces 6 03 Resetting the agenda 8 04 Legislating for the future 12 05 Managing the inheritance 14 06 Converging supervisory practices 16 07 Acting on the global stage 18 08 Abbreviations 22 09 Further insights 23 © 2019 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. 4 EU Financial Services regulation 01 Introduction Against a challenging economic and geo- A challenging context political backdrop, the incoming Commission There is a majority of new faces involved in the President has set a full regulatory agenda that regulation and supervision of financial services, across will directly and indirectly impact the financial the leadership of the EU institutions and within the services industry. -
Chapitre 0.Indd
Crosswalking EUR-Lex Crosswalking OA-78-07-319-EN-C OA-78-07-319-EN-C Michael Düro Michael Düro Crosswalking EUR-Lex: Crosswalking EUR-Lex: a proposal for a metadata mapping a proposal for a metadata mapping to improve access to EU documents : to improve access to EU documents a proposal for a metadata mapping to improve access to EU documents to access improve mapping to a metadata for a proposal The Oce for Ocial Publications of the European Michael Düro has a background The Oce for Ocial Publications of Communities oers direct free access to the most complete in information science, earned a Masters the European Communities collection of European Union law via the EUR-Lex online in European legal studies and works in is the publishing house of the institu- database. the EUR-Lex unit of the Oce for Ocial tions, agencies and other bodies of the Publications of the European The value of the system lies in the extensive sets of metadata European Union. Communities. which allow for ecient and detailed search options. He was awarded the The Publications Oce produces and Nevertheless, the European institutions have each set up Dr. Eduard-Martin-Preis for outstanding distributes the Ocial Journal of the their own document register including their own sets of research in 2008 by the University of European Union and manages the metadata, in order to improve access to their documents and Saarland, Germany, for this thesis. EUR-Lex website, which provides direct meet the increasing need for transparency. free access to European Union law.